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Key Details
Sold Price $420,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,528 sqft
Price per Sqft $274
MLS Listing ID 224105299
Year Built 1969
Lot Size 6,970 Sqft
Property Sub-Type Duplex
Property Description
***EXCELLENT INVESTMENT OPPORTUNITY IN WOODLAKE ***Back on the market, subject to recission. Don't miss this opportunity to own a duplex in the sought-after Woodlake neighborhood, situated on a spacious corner lot. Each unit features 2 bedrooms and 1 bathroom, offering great potential for rental income. Located on a quiet frontage road with minimal traffic, this property presents an excellent investment opportunity. The roof was recently replaced with a permitted composition shingle roof, finalized in February 2022. With some cosmetic updates, you could increase rental income and achieve a 7% cap rate. Additionally, the large lot offers the possibility of building an ADU for even more value and equity, Buyer to check with the City of Sacramento. Multi-unit properties in desirable Woodlake are rare, so don't let this one pass you by!
Location
State CA
County Sacramento
Area 10815
Interior
Heating Central, Wall Furnace
Cooling Ceiling Fan(s), Central, Wall Unit(s), Window Unit(s)
Flooring Carpet, Tile
Laundry Other
Exterior
Exterior Feature Swimming Pool
Parking Features Off Street, Side-by-Side
Garage Spaces 4.0
Utilities Available Natural Gas Connected, Electric
View City
Roof Type Shingle
Building
Lot Description Corner
Story 1
Foundation Slab
Sewer In & Connected, Public Sewer
Water Public
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
Special Listing Condition None
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Bought with USKO Realty
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Realty Point, Inc.
Real Estate Brokerage | CA DRE#02212763
Real Estate Brokerage CA DRE#02212763
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